£795,143
This estimated value is based upon the latest sale price for the house of £648,163 on 3 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £648,163 | 3 Dec 2019 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £648,163 results in an estimated price of approximately £795,143.
| 3 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £648,163 | £146,980 | £795,143 |
The Postcode Pricing Model uses changes in average sales price within the DL17 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -26.205 % | £-169,853 | £478,309 |
| 3 Month Average | -21.291 % | £-137,998 | £510,164 |
| 6 Month Average | 4.180 % | £27,090 | £675,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £288,640 | £290,000 | 72 RUSHYFORD DRIVE |
| 31 May 2022 | £112,112 | £110,000 | 42 DENEBRIDGE ROW |
| 22 Dec 2021 | £37,498 | £35,000 | COMPOUND 1 OLD COLLIERY YARD |
| 6 Dec 2021 | £235,703 | £220,000 | 95 RUSHYFORD DRIVE |
| 30 Nov 2021 | £64,891 | £60,000 | 18 DENEBRIDGE ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Avenue 4 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Avenue 4 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Avenue 4 |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Sports/Recreation Area |
| Jan 2024 | Anti-social behaviour | On or near Chilton Way |